Growing numbers of businesses are turning the spotlight onto their supply chains in a bid to drive greenhouse gas emissions cuts and improve their ethical performance, according to the results of an extensive survey released yesterday by HSBC. The survey, which questioned more than 8,500 businesses in 34 markets worldwide, found just under a third of companies plan to make sustainability-related changes to their supply chains over the next three years. The main motivations for change were cost efficiencies in operations, alongside improved revenues and financial performance, HSBC said. Bryan Pascoe, global head of client coverage, suggested companies are starting to recognise that improving environmental performance offers financial rewards. “As businesses explore and invest in ways to stay competitive for the future, the most forward thinking are already taking action,” he said. 

Posted by

edie